Corrupt Communist party official could be the new richest man in China

Recovery of thousands of gold bars and bricks from the residence of senior Communist Party official could make him the richest man in China. With gold worth up to £520m, Zhang Qi would have been richer than Jack Ma, the wealthiest man in China worth $37 billion. China’s anti-corruption watchdog also discovered 268 billion yuan (£30 billion) in suspected bribes from Zhang Qi’s account.

Zhang has been stripped of both titles by the Commission for Discipline Inspection of the Central Committee of the Communist Party of China. The case surfaced after footage of a man counting slabs of gold went viral on social media. 

Source: Express Tribune